Ono Island Real Estate Market Conditions Report October 17 2023
Meredith Amon
|
Search Criteria:Class=RE - Residential-Single Family AND Closed Date=12 Months Back AND SbdvCmm=OnoHarbour - Ono Harbour,OnoIsland - Ono Island AND Listing Visibility Type=MLS Listing AND Status=A - Active,AUC - Active Under Contract,CS - Coming Soon,ANC - Active New ConstructionP - PendingCL - Closed |
|||||||||
|
Market Conditions Addendum Report |
|||||||||
|
(Fannie Mae Form 1004MC) |
|||||||||
|
(Freddie Mac Form 71) |
|||||||||
|
Date Run: 10/17/2023 |
|||||||||
|
Base/List Date/Current: 10/17/2023 |
|||||||||
|
Stable Range Selected High Limit 0% Low Limit 0% |
|||||||||
|
Year 1- Current to 12 Months |
|||||||||
|
|
Inventory Analysis |
Prior 7 - 12 Months |
Prior 4 - 6 Months |
Current - 3 Months |
Y1 Overall Trend |
||||
|
|
Total # of Comparable Sales (Settled) |
24 |
18 |
20 |
Stable |
||||
|
|
Absorption Rate (Total Sales/Months) |
4 |
6 |
6.67 |
Increasing |
||||
|
|
Total # of Comparable Active Listings |
17 |
24 |
37 |
Increasing |
||||
|
|
Months of Housing Supply (Total Listings/Ab.Rate) |
4.25 |
4 |
5.55 |
Increasing |
||||
|
|
Median Sale & ListPrice, DOM, Sale/List% |
Prior 7 - 12 Months |
Prior 4 - 6 Months |
Current - 3 Months |
Y1 Overall Trend |
||||
|
|
Median Comparable Sale Price |
$1,000,000.00 |
$1,200,000.00 |
$1,399,500.00 |
Increasing |
||||
|
|
Median Comparable Sales Days on Market |
45 |
48 |
33 |
Decreasing |
||||
|
|
Median Comparable List Price |
$1,225,000.00 |
$1,499,500.00 |
$1,600,000.00 |
Increasing |
||||
|
|
Median Comparable Listings Days on Market |
105 |
111 |
60 |
Decreasing |
||||
|
|
Median Sale Price as % of List Price |
92.24% |
97.27% |
94.44% |
Increasing |
||||
|
Year 2- 13 to 24 Months |
|||||||||
|
|
Inventory Analysis |
Prior 22 - 24 Months |
Prior 19 - 21 Months |
Prior 16 - 18 Months |
Prior 13 - 15 Months |
Y2 Overall Trend |
|||
|
|
Total # of Comparable Sales (Settled) |
0 |
0 |
0 |
0 |
Stable |
|||
|
|
Absorption Rate (Total Sales/Months) |
0 |
0 |
0 |
0 |
Stable |
|||
|
|
Total # of Comparable Active Listings |
1 |
1 |
7 |
14 |
Increasing |
|||
|
|
Months of Housing Supply (Total Listings/Ab.Rate) |
0 |
0 |
0 |
0 |
Stable |
|||
|
|
Median Sale & ListPrice, DOM, Sale/List% |
Prior 22 - 24 Months |
Prior 19 - 21 Months |
Prior 16 - 18 Months |
Prior 13 - 15 Months |
Y2 Overall Trend |
|||
|
|
Median Comparable Sale Price |
0 |
0 |
0 |
0 |
Stable |
|||
|
|
Median Comparable Sales Days on Market |
0 |
0 |
0 |
0 |
Stable |
|||
|
|
Median Comparable List Price |
$1,699,000.00 |
$1,699,000.00 |
$799,900.00 |
$1,299,000.00 |
Decreasing |
|||
|
|
Median Comparable Listings Days on Market |
439 |
439 |
209 |
140 |
Decreasing |
|||
|
|
Median Sale Price as % of List Price |
0 |
0 |
0 |
0 |
Stable |
|||
|
|
MLS Number |
Status |
Address |
List Date |
Sold Date |
DOM |
List Price |
Sold Price |
%Sold/List |
|
|
329955 |
Pending |
31611 Admiral Court |
5/1/2022 |
|
367 |
$899,000 |
|
|
|
|
336784 |
Closed |
4612 Bayou Court |
9/21/2022 |
12/22/2022 |
80 |
$475,000 |
$450,000 |
94.74% |
|
|
338900 |
Closed |
31317 Dolphin Drive |
11/18/2022 |
5/26/2023 |
165 |
$1,500,000 |
$1,400,000 |
93.33% |
|
|
353001 |
Active |
30525 Harbour Drive |
10/12/2023 |
|
5 |
$2,750,000 |
|
|
|
|
350233 |
Active |
30659 Harbour Drive |
8/15/2023 |
|
59 |
$1,325,000 |
|
|
|
|
334498 |
Closed |
4029 Hatteras Cove |
7/26/2022 |
11/18/2022 |
101 |
$4,950,000 |
$4,760,000 |
96.16% |
|
|
340773 |
Closed |
32827 Marlin Key Drive |
1/20/2023 |
3/15/2023 |
4 |
$1,900,000 |
$1,750,000 |
92.11% |
|
|
348859 |
Closed |
32989 Marlin Key Drive |
7/16/2023 |
8/28/2023 |
2 |
$2,295,000 |
$2,150,000 |
93.68% |
|
|
338030 |
Closed |
33044 Marlin Key Drive |
10/26/2022 |
3/17/2023 |
110 |
$1,599,000 |
$1,375,000 |
85.99% |
|
|
348191 |
Active |
33072 Marlin Key Drive |
6/30/2023 |
|
109 |
$1,600,000 |
|
|
|
|
351896 |
Active |
33108 Marlin Key Drive |
9/18/2023 |
|
29 |
$1,199,000 |
|
|
|
|
352912 |
Active |
33111 Marlin Key Drive |
10/11/2023 |
|
6 |
$2,995,000 |
|
|
|
|
349804 |
Closed |
33186 Marlin Key Drive |
8/3/2023 |
9/5/2023 |
8 |
$1,749,000 |
$1,675,000 |
95.77% |
|
|
345293 |
Active |
31172 Oak Drive |
5/1/2023 |
|
169 |
$980,000 |
|
|
|
|
339471 |
Closed |
31242 Oak Drive |
11/12/2022 |
12/8/2022 |
0 |
$1,049,000 |
$1,000,000 |
95.33% |
|
|
337447 |
Closed |
31301 Oak Drive |
10/10/2022 |
3/24/2023 |
30 |
$840,000 |
$770,000 |
91.67% |
|
|
330877 |
Closed |
31385 Oak Drive |
5/18/2022 |
12/30/2022 |
209 |
$564,000 |
$530,000 |
93.97% |
|
|
348732 |
Closed |
31424 Oak Drive |
7/13/2023 |
9/14/2023 |
48 |
$595,000 |
$558,000 |
93.78% |
|
|
331382 |
Closed |
3983 Oleander Court |
5/26/2022 |
5/9/2023 |
25 |
$4,249,000 |
$4,920,000 |
115.79% |
|
|
350032 |
Active |
28452 Ono Boulevard |
8/10/2023 |
|
68 |
$3,100,000 |
|
|
|
|
344624 |
Active |
28482 Ono Boulevard |
4/18/2023 |
|
182 |
$3,775,000 |
|
|
|
|
349997 |
Active |
28575 Ono Boulevard |
8/11/2023 |
|
67 |
$599,000 |
|
|
|
|
338780 |
Closed |
28575 Ono Boulevard |
11/16/2022 |
12/2/2022 |
4 |
$499,900 |
$450,000 |
90.02% |
|
|
353027 |
Active |
28601 Ono Boulevard |
10/12/2023 |
|
5 |
$1,350,000 |
|
|
|
|
336879 |
Closed |
29261 Ono Boulevard |
9/23/2022 |
6/20/2023 |
244 |
$3,200,000 |
$2,800,000 |
87.50% |
|
|
346895 |
Closed |
29575 Ono Boulevard |
6/4/2023 |
7/21/2023 |
7 |
$1,350,000 |
$1,300,000 |
96.30% |
|
|
347049 |
Pending |
29590 Ono Boulevard |
6/7/2023 |
|
74 |
$2,950,000 |
|
|
|
|
342138 |
Closed |
29632 Ono Boulevard |
2/21/2023 |
5/8/2023 |
45 |
$2,899,000 |
$2,625,000 |
90.55% |
|
|
343187 |
Closed |
29654 Ono Boulevard |
3/17/2023 |
8/25/2023 |
126 |
$4,995,000 |
$4,724,000 |
94.57% |
|
|
347362 |
Active |
29939 Ono Boulevard |
6/14/2023 |
|
125 |
$1,200,000 |
|
|
|
|
336025 |
Closed |
29978 Ono Boulevard |
8/30/2022 |
1/26/2023 |
110 |
$3,250,000 |
$2,800,000 |
86.15% |
|
|
350812 |
Active |
30050 Ono Boulevard |
8/25/2023 |
|
53 |
$1,525,000 |
|
|
|
|
352965 |
Active |
30230 Ono Boulevard |
10/11/2023 |
|
6 |
$1,275,000 |
|
|
|
|
348240 |
Active |
30431 Ono Boulevard |
6/30/2023 |
|
109 |
$3,400,000 |
|
|
|
|
349222 |
Closed |
4451 Ono North Drive |
7/25/2023 |
9/1/2023 |
16 |
$545,000 |
$540,000 |
99.08% |
|
|
334378 |
Closed |
30225 Ono North Loop West |
7/27/2022 |
5/15/2023 |
257 |
$1,400,000 |
$1,200,000 |
85.71% |
|
|
336985 |
Closed |
30295 Ono North Loop West |
9/27/2022 |
2/28/2023 |
119 |
$1,450,000 |
$1,370,000 |
94.48% |
|
|
338377 |
Closed |
30585 Ono North Loop West |
11/3/2022 |
1/12/2023 |
10 |
$1,079,000 |
$1,000,000 |
92.68% |
|
|
345916 |
Active |
30745 Ono North Loop West |
5/12/2023 |
|
157 |
$599,000 |
|
|
|
|
340243 |
Closed |
30745 Ono North Loop West |
1/6/2023 |
2/9/2023 |
32 |
$475,000 |
$450,000 |
94.74% |
|
|
342883 |
Closed |
30815 Ono North Loop West |
3/10/2023 |
5/4/2023 |
10 |
$675,000 |
$670,000 |
99.26% |
|
|
340578 |
Closed |
30840 Ono North Loop West |
1/16/2023 |
7/31/2023 |
150 |
$650,000 |
$613,000 |
94.31% |
|
|
352433 |
Active |
4812 Osprey Drive |
9/30/2023 |
|
17 |
$699,000 |
|
|
|
|
349895 |
Active |
4819 Osprey Drive |
8/7/2023 |
|
71 |
$719,000 |
|
|
|
|
340697 |
Closed |
4827 Osprey Drive |
1/19/2023 |
4/25/2023 |
52 |
$895,000 |
$890,000 |
99.44% |
|
|
349929 |
Closed |
30941 Peninsula Drive |
8/8/2023 |
9/21/2023 |
9 |
$2,250,000 |
$2,150,000 |
95.56% |
|
|
337162 |
Closed |
30941 Peninsula Drive |
10/1/2022 |
10/31/2022 |
0 |
$1,650,000 |
$1,650,000 |
100.00% |
|
|
343795 |
Closed |
30976 Peninsula Drive |
3/31/2023 |
6/14/2023 |
41 |
$944,000 |
$944,000 |
100.00% |
|
|
330893 |
Closed |
30979 Peninsula Drive |
5/18/2022 |
10/17/2022 |
140 |
$799,900 |
$699,900 |
87.50% |
|
|
346497 |
Pending |
31043 Peninsula Drive |
6/23/2023 |
|
93 |
$1,029,000 |
|
|
|
|
351363 |
Active |
28496 Perdido Pass Drive |
9/6/2023 |
|
41 |
$1,390,000 |
|
|
|
|
329389 |
Closed |
31315 Pine Run Drive |
4/21/2022 |
9/29/2023 |
483 |
$739,000 |
$699,000 |
94.59% |
|
|
344744 |
Closed |
31357 Pine Run Drive |
4/20/2023 |
6/22/2023 |
43 |
$875,000 |
$855,000 |
97.71% |
|
|
347568 |
Closed |
31487 Pine Run Drive |
6/14/2023 |
10/2/2023 |
46 |
$569,500 |
$540,000 |
94.82% |
|
|
341041 |
Closed |
30194 River Road |
1/27/2023 |
3/31/2023 |
10 |
$1,850,000 |
$1,450,000 |
78.38% |
|
|
348235 |
Closed |
30194 River Road |
6/30/2023 |
8/8/2023 |
35 |
$2,850,000 |
$2,675,000 |
93.86% |
|
|
334240 |
Closed |
30351 River Road |
7/22/2022 |
10/24/2022 |
69 |
$689,000 |
$655,000 |
95.07% |
|
|
348805 |
Active |
30400 River Road |
7/14/2023 |
|
95 |
$1,899,999 |
|
|
|
|
343360 |
Pending |
30410 River Road |
3/20/2023 |
|
114 |
$1,775,000 |
|
|
|
|
339056 |
Closed |
30511 River Road |
11/23/2022 |
5/31/2023 |
41 |
$789,000 |
$755,000 |
95.69% |
|
|
341274 |
Closed |
30707 River Road |
2/1/2023 |
7/20/2023 |
125 |
$649,000 |
$615,000 |
94.76% |
|
|
349617 |
Closed |
30736 River Road |
8/1/2023 |
9/27/2023 |
8 |
$1,999,999 |
$1,780,000 |
89.00% |
|
|
331738 |
Closed |
31221 River Road |
6/2/2022 |
12/2/2022 |
68 |
$799,900 |
$735,000 |
91.89% |
|
|
342137 |
Closed |
31270 River Road |
2/20/2023 |
5/24/2023 |
67 |
$1,599,000 |
$1,400,000 |
87.55% |
|
|
342658 |
Closed |
31292 River Road |
3/3/2023 |
3/22/2023 |
5 |
$1,200,000 |
$1,100,000 |
91.67% |
|
|
344710 |
Closed |
31295 River Road |
4/19/2023 |
6/2/2023 |
14 |
$699,000 |
$678,560 |
97.08% |
|
|
330414 |
Closed |
31319 River Road |
5/9/2022 |
11/10/2022 |
9 |
$850,000 |
$872,000 |
102.59% |
|
|
336404 |
Closed |
31362 River Road |
10/12/2022 |
5/26/2023 |
173 |
$1,695,000 |
$1,500,000 |
88.50% |
|
|
349247 |
Active |
31487 River Road |
7/25/2023 |
|
84 |
$915,000 |
|
|
|
|
352199 |
Active |
31668 River Road |
9/26/2023 |
|
21 |
$4,967,000 |
|
|
|
|
350466 |
Active |
31729 River Road |
8/17/2023 |
|
61 |
$2,975,000 |
|
|
|
|
347892 |
Closed |
31743 River Road |
6/23/2023 |
8/7/2023 |
27 |
$1,250,000 |
$1,250,000 |
100.00% |
|
|
351042 |
Active |
31899 River Road |
8/30/2023 |
|
48 |
$1,970,000 |
|
|
|
|
342730 |
Closed |
31924 River Road |
3/8/2023 |
6/29/2023 |
99 |
$1,150,000 |
$1,145,000 |
99.57% |
|
|
338212 |
Closed |
32165 River Road |
10/29/2022 |
8/23/2023 |
280 |
$1,190,000 |
$875,000 |
73.53% |
|
|
339190 |
Closed |
32235 River Road |
12/1/2022 |
5/22/2023 |
122 |
$1,299,999 |
$1,200,000 |
92.31% |
|
|
347746 |
Closed |
32318 River Road |
6/20/2023 |
8/11/2023 |
12 |
$3,500,000 |
$3,154,000 |
90.11% |
|
|
346652 |
Closed |
32348 River Road |
5/30/2023 |
7/31/2023 |
6 |
$1,499,000 |
$1,499,000 |
100.00% |
|
|
353009 |
Active |
32355 River Road |
10/12/2023 |
|
5 |
$2,275,000 |
|
|
|
|
339286 |
Active |
32375 River Road |
12/3/2022 |
|
312 |
$1,749,999 |
|
|
|
|
344004 |
Active |
32553 River Road |
4/4/2023 |
|
196 |
$1,250,000 |
|
|
|
|
342186 |
Closed |
32697 River Road |
2/20/2023 |
4/5/2023 |
14 |
$999,999 |
$900,000 |
90.00% |
|
|
343031 |
Closed |
32711 River Road |
3/14/2023 |
4/26/2023 |
3 |
$1,650,000 |
$1,638,150 |
99.28% |
|
|
348451 |
Active |
32731 River Road |
7/7/2023 |
|
102 |
$1,750,000 |
|
|
|
|
347111 |
Active |
32754 River Road |
6/8/2023 |
|
131 |
$2,990,000 |
|
|
|
|
352909 |
Pending |
32887 River Road |
10/11/2023 |
|
2 |
$1,299,000 |
|
|
|
|
351716 |
Active |
33202 River Road |
9/14/2023 |
|
33 |
$4,800,000 |
|
|
|
|
351769 |
Active |
33265 River Road |
9/15/2023 |
|
32 |
$1,299,000 |
|
|
|
|
336619 |
Closed |
32299 Sandpiper Drive |
9/16/2022 |
11/16/2022 |
59 |
$956,000 |
$870,000 |
91.00% |
|
|
349902 |
Active |
32485 Sandpiper Drive |
8/7/2023 |
|
71 |
$969,000 |
|
|
|
|
348918 |
Active |
32648 Sandpiper Drive |
7/18/2023 |
|
85 |
$1,179,500 |
|
|
|
|
349844 |
Active |
32667 Sandpiper Drive |
8/5/2023 |
|
73 |
$1,340,000 |
|
|
|
|
351060 |
Active |
32675 Sandpiper Drive |
8/30/2023 |
|
48 |
$2,200,000 |
|
|
|
|
342140 |
Closed |
32789 Sandpiper Drive |
2/21/2023 |
8/10/2023 |
120 |
$3,750,000 |
$3,300,000 |
88.00% |
|
|
342464 |
Closed |
5269 Sandy Key Drive |
3/2/2023 |
5/22/2023 |
27 |
$949,000 |
$925,000 |
97.47% |
|
|
335017 |
Closed |
5385 Sandy Key Drive |
8/9/2022 |
7/5/2023 |
282 |
$5,000,000 |
$5,000,000 |
100.00% |
|
|
329242 |
Closed |
31740 Shoalwater Drive |
4/18/2022 |
11/7/2022 |
156 |
$1,299,000 |
$1,200,000 |
92.38% |
|
|
339692 |
Closed |
31867 Shoalwater Drive |
9/27/2021 |
12/20/2022 |
439 |
$1,699,000 |
$1,400,000 |
82.40% |
|
|
352880 |
Active |
31891 Shoalwater Drive |
10/11/2023 |
|
6 |
$3,250,000 |
|
|
|
|
338511 |
Closed |
31904 Shoalwater Drive |
11/7/2022 |
12/16/2022 |
7 |
$1,200,000 |
$1,200,000 |
100.00% |
|
|
349818 |
Active |
29633 St John Drive |
8/4/2023 |
|
60 |
$1,950,000 |
|
|
|
|
347215 |
Active |
29849 St John Drive |
6/10/2023 |
|
129 |
$3,375,000 |
|
|
|
|
347327 |
Closed |
29876 St John Drive |
6/13/2023 |
8/11/2023 |
32 |
$1,400,000 |
$1,300,000 |
92.86% |
|
|
341040 |
Closed |
5315 Turtle Key Drive |
1/27/2023 |
7/31/2023 |
120 |
$2,100,000 |
$1,700,000 |
80.95% |
|
1. The overall trend compares the latest reported period with the most current reported period. If the latest or most current reported period does not have a value it is not used in the overall trend calculation. If three or more reported periods in Year 2 have no value then the overall trend will be reported as stable. If two or more reported periods in Year 1 have no value then the overall trend will be reported as stable. |
|||||||||
|
2. The overall trend is reported as stable if the difference between the compared periods falls within the stable range selected by the user. All differences higher than the high limit of the stable range are increasing. All differences lower than the low limit of the stable range are decreasing. |
|||||||||
|
3. The overall trend for Total # Comparable Sales and the Absorption Rate use the same calculation. The overall trend for both values will be the same. |
|||||||||
|
4. The Total # of Comparable Active Listings is determined using data from a single date in the reported time period. There is no need for further calculations to determine the intermediate trend for this value. |
|||||||||
|
5. The Median Sales Price/List Price ratio is calculated independently for each listing in the reported time period and the median of those values is reported. The value cannot be calculated using any of the data in the report form above. |
|||||||||
Leave A Comment